Tag Archives: business succession

Capital Gains: Did Tax Increase Precipitate Star Wars Sale?

It was almost lost in the storm surge, but this week George Lucas finally let the wookie win. The creator of the Star Wars and the Lucasfilm empires has cashed out, swapping Darth Vader, Luke Skywalker and a planet full … Continue reading

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Estate Tax Reduced for Maryland Farmers by “Family Farm Preservation Act”

On May 22, Governor Martin O’Malley signed into law a bill that many of you may have already heard about. Chapter 448, or the “Family Farm Preservation Act of 2012,” aims to ease the estate tax burden on the survivors … Continue reading

Posted in Estate Planning, Estate Tax, Retirement Planning, Small Business Anonymous, Tax Planning | Tagged , , , , , , , , , , , , , , , , | 3 Comments

Business Succession: The Handoff

Forgive me, but after three postings on this subject in which I have invoked metaphors ranging from Monopoly to Cinderella, I can no longer resist the need to appease my inner sportswriter. The transition from your direction of the business … Continue reading

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Business Succession: Mentoring your Apprentice

Continuing in our series outlining the steps to crafting an effective business succession plan, today we will highlight the basics of mentoring your CEO-elect. So you’ve finally found the foot that fits the glass shoe. What now? For starters, you … Continue reading

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Business Succession: Preparing for the Future

In my last posting, I outlined the difficulty and importance of considering a transition strategy appropriate to your situation as a business owner or executive. Today, I will explore how to go about finding someone to whom you can be … Continue reading

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